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   Sexy Moon (moon@shitposter.club)'s status on Sunday, 24-Sep-2023 05:44:39 JST Sexy Moon

   in reply to

   • Allan Haverholm
   @haverholm bored apes consumed possibly about a thousand tons of fossil fuel, based on the amount of ethereum expended to date. but it's impossible to say how that compares to normal financial transactions in dollars because I don't think anyone has ever done a comprehensive analysis of how much carbon it takes to operate the US dollar and the credit card/bank system. comparison is difficult because with ethereum every transaction requires the entire network to be secure so you would have to do some kind of amortization calculation.
   • Embed this notice
     Allan Haverholm (haverholm@imaginair.es)'s status on Sunday, 24-Sep-2023 05:44:42 JST Allan Haverholm

     in reply to

     And before you come at me about how eco-friendly Ethereum claim to be: not at the time they weren't, and their relative carbon reduction will only greenwash any increase of usage that will inevitably grow to the same carbon levels.

   • Embed this notice
     Allan Haverholm (haverholm@imaginair.es)'s status on Sunday, 24-Sep-2023 05:44:43 JST Allan Haverholm

     What really gets me about the "95% of NFTs are now worthless" reveal is, each and every one of those piece of shit ape drawings required a nontrivial energy consumption to generate initial, theoretical value. Most of this energy ultimately came from fossil fuel and coal.

     Collectively, they basically took a huge bite out of global measures to minimise our environmental impact — to generate worthlessness.

     Late stage capitalism, ladies and gentlefolk.

     [Edited because my spellcheck is also worthless]